a Optional Paper: Commerce Group / defer 98t_T7 arfora =i | 1. GST stands for 1 ahead, ar att (A) Government and state Tax (ay) are HF (B) Goods and service tax @) ww TK (©) Gujarat state tax © Tam (D) Goods supply tax wo 7a amd 2. A low current ratio signifies a.m rar ae orgs ar ee et (A) Working capital adequacy (a) ates at a eT (B) Shortage of working capital (e) wees Gat a FT (©) Optimum working capital © saan aries Ht (D) None of these o) wi a at 3. Incase of Inter-state transactions the tax that | 3, apaebeity Ga-@4 FT ST oat a ara shall be levied is ‘ em (A) LGS.T. (A) asia. (B) CGS.T. () Astra. (©) S.G.S.T. © weiwd. (D) UT.GST. ©) Aasiwa. 4. “Inflation is unjust and deflation is inexpedient. | 4, fara wer “3x1 eFifa : arr Of the two, perhaps, deflation is worse.” Who om witshw said this? ape ora 21 ahi A ama: Ae Ga afirs ara 22” (A) Prof. Keynes ‘ (B) Prof. Pi Caw Sina @) wt. oH, (©) Prof. Crowther © wv wen (D) Prof. Seligman (>) a ates 5, Who is known as father of E-commerce in . - India? 8. ara a Gated ora deg W fad or ay K. Vath wat 8? . Vaitheeswaran ‘ a (A) & Aer B) Amit Agrawal (B) Amit Agra @) afi sma (C) Abhishek Goel (© afte tiga (D) Avinish Bajaj ©) afte aay Science/Commerce/Arts (12)In which year the first fiscal commission was set up ? A) 1918 1919 (©)\ 1920 (D) \jon 7. In which year the famous Sydenham college of commerce and economics was established (A) 1913 (B) 1914 (©) 1915 (D) 1916 8. What is the contribution of Noble peace prize winner, Prof. Mohammed Yunus in field of economic empowerment? (A) (B) © (D) Helping people escape from poverty Started Gramin Bank Developing self help group for women Alll of the above 9. In which year, NABARD started Pilot project for SHG-Bank linkage programme in India? (a) (B) © () February 1991 February 1992 February 1993 February 1994 On which date consumer protection (E-Commerce) Rules 2020 were notified by the Government of India ? (A) 20 March 2020 (B) 20 April 2020 (C) 20 May 2020 (D) 20 July 2020 10. Science/Commerce/Arts (13) 10. were caret sain ara een fare TAT? (A) 1918 F (B) 1919 F © (D) 1920 # 1921 # aforsa vel areheres a1 ufe Rrsrera ict faa ea watts eam? (A) 1913 4 (B) 1914 # © 1915 4 () 1916 # safes aerate 3 da 8 enfea & fore ater Es wre i, HteIe aya aT aed aT 2? (A) ant a ait a aan fear a Fee (8) aim ae at yeaa (© Afecst & ead wera aye fewfet =r (D) sete at sree 8 eri ween aaa feta ah @ fay war 4 fara ad gee oar wre a (A) wet 1991 (B) wet 1992 (©) Wet 1993 (D) wet 1994 and an 4 fea fafa at gosta deo (danni) fram, 2020 #1 wee Pee? a) B) © 20 ATE 2020 20 si 2020 20 FE 2020 20 Ferg 2020 )11. Which one of thi 1¢ following is not a kind of statistical ? ? (A). Classified (B) Individual (C)_ Signed (D) Discrete 12. Arithmetic mean of 11, 12 and 13 will be (A) 1 (B) © (D) None of these 12 13 Prepaid rent is: (A) Individual account (B) Real account (C) Nominal account (D) None of these 14, In case of instalment system, total interest receivable by the seller is credited to : (A) Interest suspense account (B) Interest account (©) Sales account (D) None of these 15, All the variable expenses are : (A) Indirected expenses (B) Direct expenses (©). Distribution overheads (D) Selling overheads Science/Commerce/Arts (14) 1. 12. 13. 14. 15. frafafad Ya at ar wm aiferst ant at warn 7et 2? f (A) ait (By safer (Cc) fatea (D) afrea LL, 12 413 31 Fara Arey eT (A) (B) © 13 ) Fa a ae et ul 12 dea fra @: (A) Safer Era (B) areata ret © AR wa () wa a a Ae fart wore et ae H, faba gr ae Sas wi sfse fran orm: (A) am saa ard 7 () ae at Fy (©) fra ad F (D) wi a ae et ast oferta om dae (A) aye or (8) Fae oy (©) faa safer (D) fama safe Set-B1k, Ifprime cost of & 1,77,600, factory expenses 5 to Pe expenses. une hn at will be the cost of OY © 2.05,100 (B)\ & 1,95,100 (© ¥1.85,100 () %1,87,600 17, Personal audit is: (A) Voluntary (B) Compulsory (C) Optional (D) None of these 18. Chartered accountants are : (A) Amateur auditor (B) Govt. auditor (C) Professional auditor (D) None of these 19. For a contract agreement is : (A) Voluntary (B)_ Necessary (©) Compulsory (D) None of these 20. In case of breach of condition, the buyer can: (A) Repudiate the contract (B) Claim the damages (©) Reject the goods (D) All the above Science/Commerce/Arts (18) 16. a Aa aM % 1,77,600, Hat al & 17,500 Te FAITH BTA 10,000 Bt a SARA at ara en Beh? (A) &2,05,100 (B) 27 1,95,100 (©) &1,85,100 (D) 187,600 17, wafer staan ater Bs (A) ther (B) afrart © defer () wa a ae et 1s. add uarevave tH @: (A) sarge sare (B) werd ser (CE) Re sea () Fa a a Ae 19, ayer & fea waetar @: (A) thee 8) ara (©) afrart ©) wa a a wet 20, ad an et at om 4, dor a Tam 2: (A) at at want (B) sfagf at aT (©) Wa Wa ean (D) seer at Set-B23, 25. 26. The person responsible for formation of a ‘company is known as (A) Promoter (B) Secretary (©) Director (D) Manager The Reserve Bank of India is an example of a: (A) () © (D) Registered company Statutory company Chartered company Govt. company An individual may get income: (A) (B) Outside India © (D) Nowhere In India In India as well as outside India The period of tax assessment year is : (A) Ist January to 31st December (@) © (D) Ist April to 31st March Ist April to 31st December Ist July to 30th June Marketing concept is: (A). Production oriented (B) Sales oriented (©) Customer oriented (D) All the above ‘The characteristics of a good brand are : (A) Short name (B) Memorable (©) Attractive (D) All the above Science/Commerce/Arts (16) a. 22, 23. 25, aap & fimo 2g freer Safest 1 STAT Si *: (a) vada (B) Baa © fear (D) wR uarcita food dar wa Taree F: (a iga eer aT (B) date art = (C¢) wes wert aT (D) wert Her aT em cafe ory ured ee eT B (A) area F (B) WRT HF see (©) ana F ven aa BS aT @) Fe ot ae ae Prater af st stata ate @: (A) 1 sat S31 fea (B) 1 aa 4 31 are © 1 aa a 31 fear ©) 1 Fare a 30 favor sour 2: (A) sary (8) faraqe (© meee (D) TR aH we oe avs at fantom #: (A) Bet ay 8) Bei © arta (D) srr ay27.\ Which is not included in liquid assets ? A) Inventory ( Trade receivables (©) Cash at bank (D) \Cash in hand 28. The formula of profit volume ratio is: way SY Ss Ss Ss Profit © 100 » “Sales * (D) None of these (B) x 100 29. Which is not included in the scope of public finance ? (A (B) Fiscal policy (©) Financial administration (D) 30. GST is a tax on: (A) Goods only (B) Services only (C) Goods and services both (D) Neither on goods nor on services Public expenditure Monetary policy 31. Debenture-holders are the~ (A) Customers of the company (B) Owners of the company (©) Creditors of the company (D) Managers of the company 32. Inwhich year the Presidency Town Insolvency ‘Act implemented- (A) 1909 (B) 1920 (C) 1923 (D) 1926 Science/Commerce/Arts 2. 29. 31. 32. 7) wee wate Fat efter et 2? (A) (B) ara wer © a a tes (D) Berea tag aA AIM aI ya: cay Sav s-v (B) ~~ x 100 (B) See Profit © Sales ©) Fa a aie ae x 100 awe & aa 9 ain afinies at 2? (A) adate or (B) waeita fe (© fata were (D) tie aifa waa. TH at 8 St IT Te: (A) Fae aaa (B) eaa east -w (© awaai sk das ci « () 7 asi ak a A aaa ow aera — (A) seri So mes ett @) Fert S afae ea Fe (© wrt $ den wt ©) ert + vem te West ass Rafer afte fra ah ary ga (A) 1909 F (B) 1920% (C) 1923 F (D) 1926 4 Set-B33. “Statistics is the science of estimates and Probabilities.” Whose statement is this ? (A) Webster (B) Bowley (©) Boddington () Seligman 34, Partnership Act is: (A) 1932 (B) 1832 (©) 1972 (D) 1872 35. If the short working could not be recouped during a year, the unrecouped short working is transferred to (A) Profit & Loss Ale (B) Short working unrecouped A/e (C) Landlord's personal A/c (D)_ Royalty Ale 36. “Money is that pivot around which the whole economics clusters.” Whose statement is this? (A) Pigou (B) Keynes (©) Marshall (D) Robins 37. Death of a product takes place: (A) In maturity stage (B) In decline stage © (D) In absolescence stage In saturation stage ‘Science/Commerce/Arts (18) 35. 36. 37. “gies suri te wearers a fas 8r" ae ery fever 2? (A) aa (B) awa (©) aiferes (D) afer canted safe @: (A) 1932 (B) 1832 (©) 1972 ) 1872 cafe fare a ory ard aft age 3 et wate at aget ager af at earafta frat ora eH (A) creat ar A (8) ayes he aget ae A (© ert + afer aa ¥ (D) after yee aa a “apr ae qd @ fared ant sit selfs aaa wrnat 81" ae wer fara 37 a) wr B) aR © Arie (D) tere fara sere at yey tht @: (A) “fers street ay @) WF sae F © Agfa sen F () Saar at sen Ff38. \Profit remaining in shares forfeited account fter the reissue of forfeited shares is ttansferred to the following (A). General Reserve (B) Capital Reserve (©) Share Capital @) Profit and Loss account 39. Where investigation begins, there (A) Auditing ends (B) Book keeping ends (©) Accountancy ends (D) Accountancy begins 40, In inflation the value of money~ (A) (B) Increases Decreases (©) Remains constant (D) None of the above 41, Reserve Bank of India was nationalised on (A) 1 April 1950 (B) 1 January 1950 (©) 1 April 1949 (D) 1 January 1949 42. When winding up of a company is made by the Court, it is called~ (A) (B) Voluntary liquidation Compulsory liquidation (© Liquidation under the supervision of the Court (D) Creditor’s voluntary liquidation Sclence/Commerce/Arts (19) 38, seq att at frits wee ware sit at 39. 41. 2. © aa ph () ae Ta et agg ares tit @, vet (A) aber ware that t (B) Yr wars tie (© dare aera tnt (D) Faia weR date Uperife ae cen @ fret yer aT AT (A) Feat @) wae (© fer wae (D) sR A ae ae reds food dar a ergteaper frat rar: (A) 1 ata 1950 #1 (B) 1 SAat 1950 Ft © 1 sta 1949 Ft (D) 1 wraG 1949 a Va area ge ert a aa fae ora 3, at a eet (A) afar gar 8) ther ar © =a s fie a wa ©) Set a ae a ee Set-B43. The main purpose of Cost Accounting is— (A) To Ensure Cost Audit (B) To Control the Cost (©) To Ascertain profit or Loss (D) To Assist the Management 44. “The best system of public finance is that which recures the maximum social advantage” This statement is given (A) Pigou (B) Dalton (©) Musgrave (D) Taylor 45, The writer of ‘Remarks on Currency and Commerce’ is~ (A) Gustav Cassel (B) John Wheatlay (C) Thomas (D) Crowther 46. The head office of WTO is in (A) Jeneva (B) Washington (C) Hage (D) London 47. Current ratio is 2 : 5, current liabilities Rs. 25,000, the amount of current assets will be- (A) Rs. 62,500 (B)_ Rs. 12,500 (©) Rs. 10,000 (D)_ Rs. 15,000 Science/Commerce/Arts (20) 43. 45, 41. ra sears ar we see (A) aed siaheT FEAT ama w fra wat Neh ad TA yey at aera SCT (B) © (D) “qa at aaine wet ae 2 st at art are saftraran arate at st Una ae aa 31" ae Hert (A) ta (B) Seed FT (©) aah a (D) Km a ‘fort att ata Us aml’ yaw S daw ee (A) TRIE Bact (8) 9H aed () ara (D) wIEH seqdsi. a ere fra & (A) Rar F (B) aiferies © ay ) wa A el ATI 2: 5; Wet aaa & 25,000; wa weft AEs aT (A) (B) © (Dy 62,500 & 12500 © 10,000 & 15000 © Set-B48, ofteadaeiter arra— (A) Bien fer Tet @ Decreases with the increase in production @) wIe Fae ww edt Fluctuates with the fluctuation in the © wae 4 seafia ew a volume of production aint & None of the above (D) ste A ae ae How many schedules are there in the | go, afin #oRi # offer wadl aH AetaaH WT latest form of Final Accounts of Banking ‘Company? i ferent aeqgfaa’ oat 27 (A) 8 A) 8 (B) 10 @) 10 © 2 © 12 (D) 16 ©) 16 ‘The budget is finally approved when— 50. wae aifan =a a etpa aT TAT ez (A) It is passed by the Lok Sabha (a) te am aoa ee (B) It is passed by the Rajya Sabha 8) Hw aw we (C) President of India gives his asent © Teste a wight fer 7 (D) None of them (D) FA a we ae 1 ss iieroaflute (21) Sets